The bullish trend of Bitcoin remains strong, with no significant pullback in sight. The bullish formation is still intact, and the support level remains solid. Regardless of how the market operates, Yingzhen will undoubtedly follow closely. Recently, there has been an emphasis on going long; I wonder how many old friends have kept up with the rhythm?
From a four-hour structure perspective, the candlestick pattern continues to show bottom signals, with two large bullish candles supporting it, and there is also a clear double bottom rhythm. The two large bullish candles started to gain momentum directly from below the moving average, breaking through the ceiling, and the bullish candles are pressuring the moving average, rising on top of it. This is a clear indication of strong bullish momentum; the candlestick pattern is merely pulling back and definitely not reversing. Continue to go long with slight pullbacks!
Monday evening suggestion for Bitcoin:
Buy on the pullback at 94300-93850 and aim for the range of 96500-97000 above!